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INDIANAPOLIS, April 18 /PRNewswire-FirstCall/ -- Windrose Medical Properties Trust (NYSE:WRS), a self-managed specialty medical properties REIT, announced today that its development subsidiary, Hospital Affiliates Development Corporation (HADC), has been engaged to manage the project implementation of a $75 million expansion and renovation of an acute care hospital. Under the Program Management Agreement, HADC, as the owner's representative, will manage the work of third party professionals in the site due diligence, design, equipping and construction of a 200,000 square foot expansion and a 21,000 square foot renovation of Sumner Regional Medical Center (SRMC) on a fee-for-service basis for ownership by Sumner Regional Medical Center. Located in Gallatin, TN (north of Nashville), SRMC is a private, not-for-profit healthcare facility and is recognized as the flagship hospital of Sumner Regional Health Systems, Inc. The design phase is expected to last six to eight months followed by a 28 to 30 month construction phase. HADC has been assisting Sumner Regional Health Systems, Inc. with the development of a master plan for SRMC during the approximate three year planning period prior to this engagement. Following a study of the market and services, the projected clinical volumes were converted to key planning units by HADC, defining the scope of the project through a room by room space allocation program. Two design concepts were evaluated, both a new replacement hospital and an expansion/renovation of the existing medical center. After extensive cost analysis, site due diligence, zoning, phasing of the work and space planning by HADC, SRMC decided on the current expansion and renovation project that HADC has been retained to implement. The expansion will feature new construction of a 200,000 square foot acute care tower that will connect to the existing hospital on two levels and will provide a new main entrance. The seven-level tower will initially house a full service emergency room, radiology, surgery, central sterile supply, admission and other adjacent spaces, a freestanding power plant, 20 critical care beds and three floors each with 24 private patient beds. The 21,000 square foot renovation will focus on modernizing the Center for Women's Health to include new labor/delivery/recovery (LDR) rooms, new private obstetrics patient rooms and a new nursery on the second floor of the existing hospital. Fred S. Klipsch, Chairman and Chief Executive Officer, commented, "We are pleased to work directly with SRMC on this major expansion and renovation project. HADC has been working with the hospital since late 2002 to develop the master plan that preceded this fee-for-service development engagement. This flagship project represents a great enhancement for the Sumner County healthcare community and reflects positively on HADC's long standing client relationship and hospital construction expertise." About Windrose Windrose is a self-managed real estate investment trust (REIT) based in Indianapolis, Indiana with offices in Nashville, Tennessee. Windrose was formed to acquire, selectively develop and manage specialty medical properties, such as medical office buildings, ambulatory surgery centers, outpatient treatment and diagnostic facilities, and specialty hospitals and treatment centers. Safe Harbor Some of the statements in this news release, including those related to the SRMC renovation and expansion, constitute forward-looking statements. Such statements include, in particular, statements about our beliefs, expectations, plans and strategies that are not based on historical facts. You should not rely on our forward-looking statements because the matters they describe are subject to known and unknown risks, uncertainties, assumptions and changes in circumstances, many of which are beyond our control, which may cause our actual results to differ significantly from those expressed in any forward- looking statement. The factors that could cause actual results to differ materially from current expectations include difficulties incurred in connection with managing the SRMC expansion and renovation, adverse changes in healthcare laws, changes in economic and general business conditions, competition for specialty medical properties, our ability to finance our operations, regulatory conditions and other factors described from time to time in filings we make with the Securities and Exchange Commission. The forward-looking statements contained herein represent our judgment as of the date hereof, and we caution readers not to place undue reliance on such statements. We do not undertake to publicly update or revise any forward- looking statement whether as a result of new information, future events or otherwise. Contact: Investors/Media: Windrose Medical Properties Trust The Ruth Group Fred Farrar Stephanie Carrington/Jason Rando President and COO 646 536-7017/7025 317 860-8213 DATASOURCE: Windrose Medical Properties Trust CONTACT: Fred Farrar, President and COO of Windrose Medical Properties Trust, +1-317-860-8213; Investors/Media: Stephanie Carrington, , or Jason Rando, , +1-646-536-7017/7025, both of The Ruth Group

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